2022
Exports
$102kWorld Rnk 91 / 153
Flag Rnk 644 / 1045
2022
PRODUCT COMPLEXITY IN Insect Resins
-2.5Rnk 1019 / 1025
2022
Imports
$1.92MWorld Rnk 57 / 197
Flag Rnk 632 / 1169
2022
ECONOMIC COMPLEXITY of Costa Rica
0.32Rnk 51 / 133

About

Exports In 2022, Costa Rica exported $102k in Insect Resins, making it the 91st largest exporter of Insect Resins in the world. At the same year, Insect Resins was the 644th most exported product in Costa Rica. The main destination of Insect Resins exports from Costa Rica are: Panama ($40.5k), Dominican Republic ($25.2k), Nicaragua ($22.1k), United States ($8.31k), and Guatemala ($3.99k).

The fastest growing export markets for Insect Resins of Costa Rica between 2021 and 2022 were Dominican Republic ($25.2k), Nicaragua ($16.9k), and United States ($8.29k).

Imports In 2022, Costa Rica imported $1.92M in Insect Resins, becoming the 57th largest importer of Insect Resins in the world. At the same year, Insect Resins was the 632nd most imported product in Costa Rica. Costa Rica imports Insect Resins primarily from: United States ($1.35M), France ($307k), China ($159k), Guatemala ($64.5k), and India ($11.4k).

The fastest growing import markets in Insect Resins for Costa Rica between 2021 and 2022 were United States ($1.09M), France ($157k), and Guatemala ($30.5k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Insect Resins. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$102k
IMPORTS (2022)$1.92M
NET TRADE (2022)-$1.81M

In 2022, Costa Rica exported $102k in Insect Resins. The main destinations of Costa Rica exports on Insect Resins were Panama ($40.5k), Dominican Republic ($25.2k), Nicaragua ($22.1k), United States ($8.31k), and Guatemala ($3.99k).

In 2022, Costa Rica imported $1.92M in Insect Resins, mainly from United States ($1.35M), France ($307k), China ($159k), Guatemala ($64.5k), and India ($11.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Insect Resins EXPORT MARKETS FOR Costa Rica WERE (2021 - 2022):
Nicaragua$16.9k (324%)
United States$8.29k (43.6k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insect Resins BY Costa Rica WERE (2021 - 2022):
Guatemala-$21.2k (-84.2%)
Belgium-$332 (-100%)
El Salvador-$60 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Costa Rica's main exporting competitors in Insect Resins were:
In 2022, Costa Rica's main importing competitors in Insect Resins were:

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Trade Value of Insect Resins by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $17k
TOP IMPORT POTENTIALIndia+ $24k

Insect Resins’s highest export potential is United States. With an export gap of $17k.   Insect Resins’s highest import potential is India with an import gap of $24k.

See methodology.

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